Keyword: billions

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  • Facebook founder Mark Zuckerberg pledges $3bn to rid the world of all disease

    09/21/2016 8:58:47 PM PDT · by MarchonDC09122009 · 38 replies
    The Telegraph ^ | 09/21/2016 | Marion Dakers
    Facebook founder Mark Zuckerberg pledges $3bn to rid the world of all disease Marion Dakers AP 21 September 2016 • 8:22pm The Facebook founder and his wife, who  pledged to give away 99pc of their wealth to good causes following the birth of their daughter last year, said the money would be used to assist scientific work and build new research tools. The goal, which they are unlikely to live to see accomplished, is to "cure, prevent or manage all disease" in the next 80 or so years. "So if you even just assume that we'll be able to continue...
  • China is flooding Silicon Valley with cash. Here’s what can go wrong. - The Washington Post

    08/05/2016 9:11:39 PM PDT · by MarchonDC09122009 · 7 replies
    Washington Post ^ | 08/05/2016 | Elizabeth Dwoskin
    China is flooding Silicon Valley with cash. Here’s what can go wrong. - The Washington Post "Investment from China into Silicon Valley, excluding real estate, topped $6 BILLION by the end of the first half of 2016, with more than half of that spending taking place in the past 18 months, according to the Rhodium Group research firm. Investors have been spurred by China’s growing wealth over the past decade and a government push to develop innovative technologies — particularly in areas such as virtual reality and artificial intelligence, where China still lags."
  • Billions spent, but fewer people are using public transportation in Southern California

    01/27/2016 2:05:09 PM PST · by Oldeconomybuyer · 41 replies
    Los Angeles Times ^ | January 27, 2016 | By Laura J. Nelson and Dan Weikel
    For almost a decade, transit ridership has declined across Southern California despite enormous and costly efforts by top transportation officials to entice people out of their cars and onto buses and trains. The LA County Metropolitan Transportation Authority, the region's largest carrier, lost more than 10% of its boardings from 2006 to 2015, a decline that appears to be accelerating. Despite a $9-billion investment in new light rail and subway lines, Metro now has fewer boardings than it did three decades ago, when buses were the county's only transit option. The decline suggests that Southern California policymakers are falling short...
  • Billion-dollar Bloomberg bid for White House?

    01/23/2016 12:25:42 PM PST · by SeekAndFind · 49 replies
    Hotair ^ | 01/23/2016 | Ed Morrissey
    Guard the Big Gulps and the guns, and store up on the table salt while you’re at it. “Galled” by the lasting power of Donald Trump with Republicans and the incompetence of Hillary Clinton in closing the sale with Democrats, former New York mayor Michael Bloomberg may enter the race as an independent. The New York Times reports today that Bloomberg will loosen up at least a billion dollars of his own money if he decides he can win in November: Galled by Donald J. Trump's dominance of the Republican field, and troubled by Hillary Clinton's stumbles and the...
  • BREAKING: Russia Turns Its Back On Turkey! Pulls Out BILLIONS In Funding After Plane Shot Down!

    11/25/2015 2:10:12 PM PST · by Kevin in California · 108 replies
    Yes Im Right ^ | 11-25-2015 | Blair Patterson
    Shoot down a Russian plane, Putin says, “I’m done with you!”
  • Boondoggle Train

    11/05/2015 10:55:03 PM PST · by Brad from Tennessee · 8 replies
    City Journal ^ | November 4, 2015 | By Chris Reed
    In November 2008, California voters narrowly approved Proposition 1A, which provided $9.95 billion in government money for a statewide bullet-train network. The initiative passed, even though the California High-Speed Rail Authority had been legally required to release a detailed, updated business plan by October 1 of that year, so that voters would have time to learn exactly how the state planned to finance what was then billed as a $43 billion project—and no updated plan was in view. Rail officials failed even to release a preliminary report before the election, claiming that state legislators’ long delay in passing the fiscal...
  • Overnight Healthcare: House Republicans earn another win for ObamaCare suit

    10/20/2015 2:03:10 AM PDT · by Libloather · 5 replies
    The Hill ^ | 10/19/15 | Sarah Ferris, Peter Sullivan
    A federal judge on Monday denied a request from the Obama administration to immediately appeal a ruling in House Republicans' ObamaCare lawsuit. The district court judge, Rosemary Collyer, last month gave House Republicans a big win by ruling that their lawsuit against the administration could move forward. The Obama administration strongly objected to that decision and asked for the ability to immediately appeal to the U.S. Court of Appeals for the D.C. Circuit. But on Monday, Collyer denied that request, deciding that she will first decide the substance of the case. Collyer wrote that a ruling on the substance of...
  • Boosted by nuke deal, Iran ups funding to Hezbollah, Hamas - assumption sanctions will be lifted,

    09/22/2015 6:14:17 AM PDT · by KeyLargo · 11 replies
    The Times of Israel ^ | September 21, 2015 | Avi Issacharoff
    Boosted by nuke deal, Iran ups funding to Hezbollah, Hamas Operating on assumption sanctions will be lifted, Tehran increases support to proxies, Avi Issacharoff September 21, 2015 On Sunday, the director of the International Atomic Energy Agency, Yukiya Amano, arrived in Iran for talks on the nuclear agreement, as part of what appears to be an attempt by the UN nuclear watchdog to evaluate whether Iran ran a military nuclear program in the past. Get The Times of Israel's Daily Edition by email and never miss our top stories Free Sign up! Amano is expected to meet with various Iranian...
  • Want To See What Hillionaire's Cribs Look Like? Holy Mother Of One Percent.

    07/23/2015 9:39:37 AM PDT · by Beave Meister · 9 replies
    Chicks on the ^ | 6/29/2015 | Daisy
    Hillary. She's JUST SO RELATABLE and down-to-earth and NOT icky and one-percenty at ALL, isn't she? I mean, she's a Democrat, so she can't be part of that one percent. (Listen, kids. According to the lamestream media, it only counts as evil if you're a Republican like Mitt Romney and you amassed your wealth in the private sector and didn't take it from taxpayers. But I suppose that's neither here nor there, because FANGIRLS OMG!)
  • Breakthrough Molecular 3D Printer Can Print Billions of Possible Compounds

    03/14/2015 9:58:12 PM PDT · by 2ndDivisionVet · 21 replies
    3D Print ^ | March 13, 2015 | Brian Krassenstein
    What will 3D printers ultimately evolve into? No one has a functioning crystal ball in front of them I assume, but a good guess would be a machine which can practically build anything its user desire, all on the molecular, and eventually atomic levels. Sure we are likely multiple decades away from widespread molecular manufacturing, but a group of chemists led by medical doctor Martin D. Burke at the University of Illinois may have already taken a major step in that direction. Burke, who joined the Department of Chemistry at the university in 2005, heads up Burke Laboratories where he...
  • U.S. to give $3 billion to international climate fund

    11/15/2014 6:35:35 AM PST · by TurboZamboni · 25 replies
    NYT/Pioneer Press ^ | 11-14-14 | Coral Davenport and Mark Landler
    WASHINGTON -- President Barack Obama soon will announce that the United States will contribute $3 billion to a new international fund intended to help the world's poorest countries address the effects of climate change, according to a senior administration official. Obama is expected to make the announcement at a summit meeting of the Group of 20 industrial powers this weekend in Brisbane, Australia, on the heels of his landmark announcement this week that the United States and China will jointly commit to curbing greenhouse gas emissions over the next decade. The two announcements, both unveiled at prominent global meetings with...
  • Marijuana sales top $12 million; new retailers added … still just one in Seattle

    09/15/2014 2:55:42 PM PDT · by steve86 · 5 replies
    The Seattle PI ^ | 9/11/2014 | Jake Ellison
    Retail sales of state-licensed weed in Washington topped $12 million by Sept. 8 … and sales keep climbing. The improvement of sales in recreational marijuana here mirrors the steep growth in sales in Colorado, where the recreational market out-sold medical for the first time in July (the latest numbers from that state). The Cannabist reports: “In July 2014, customers purchased more than $29.7 million in recreational marijuana — up from $24.7 million in June. Medical marijuana patients spent more than $28.9 million on marijuana in July — comparable to June’s $28.6 million in sales.” In Washington, there are now 55...
  • GAO: Government failed to report $619 billion in spending to its transparency site

    08/06/2014 4:49:57 AM PDT · by TurboZamboni · 5 replies
    WaPo ^ | 8-5-14 | Josh Hicks
    The White House budget office launched in 2007 to track federal spending after scores of lawmakers, including then-Sen. Barack Obama, successfully pushed through a bipartisan bill to ensure greater transparency with the funding. At last check, less than 8 percent of the site’s spending information was accurate, and federal agencies had failed to report nearly $620 billion in grants, loans and other forms of assistance awards, according to a recent report from Congress’s nonpartisan Government Accountability Office.
  • Billions In Taxpayer Dollars Spent On ´Lyrical, Poetic´ Embassy Architecture Overseas

    07/09/2014 11:41:55 AM PDT · by Nachum · 12 replies
    Breitbart ^ | Jonathan Strong
    Under the Obama administration, embassy construction costs have exploded even while security – a major issue in the Benghazi scandal – has grown worse. Now we know why. A video released by the State Department in 2012 shows exhibits the philosophy behind a campaign begun under former Secretary of State Hillary Clinton to build fancy buildings overseas to enhance the nation´s reputation. The video opens with a narrator explaining the “universally understood language of diplomacy” including “art, design and architecture” that “communicate our ideals...without speaking a word.” From there, a series of high-profile architects use embarrassingly flowery language to explain
  • Exclusive: Inside Account of U.S. Eavesdropping on Americans [2008]

    06/11/2013 6:23:33 AM PDT · by BarnacleCenturion · 73 replies
    ABC News ^ | Oct. 9, 2008 | BRIAN ROSS
    Faulk says he and others in his section of the NSA facility at Fort Gordon routinely shared salacious or tantalizing phone calls that had been intercepted, alerting office mates to certain time codes of "cuts" that were available on each operator's computer. "Hey, check this out," Faulk says he would be told, "there's good phone sex or there's some pillow talk, pull up this call, it's really funny, go check it out. It would be some colonel making pillow talk and we would say, 'Wow, this was crazy'," Faulk told ABC News. Faulk said he joined in to listen, and...
  • Cyprus told: take bank levy or leave euro

    03/24/2013 5:15:07 PM PDT · by Beave Meister · 34 replies
    The Guardian ^ | 3/24/2013 | Ian Traynor
    Wealthy Russians stand to lose billions of euros in Cypriot banks under draconian terms being hammered out on Sunday night in Brussels to prevent the Mediterranean tax haven becoming the first country forced out of the single currency. Negotiations got underway amid a hardening of the stance held by the International Monetary Fund and Germany, who insisted that depositors must take the hit for bailing out the eurozone's latest crisis economy. There were signs of panic in Cyprus as a €100 (Ł85) limit was imposed on ATM withdrawals, with more stringent capital controls to follow if a deal is reached....
  • Study: Billions of Earth-size planets in Milky Way (In search of a 'Goldilocks' zone planet)

    01/07/2013 12:04:14 PM PST · by NormsRevenge · 49 replies
    Yahoo ^ | 1/7/13 | Associated Press
    LONG BEACH, Calif. (AP) — Astronomers hunting for Earth-like planets now have many places to look. A new estimate released Monday suggested the Milky Way galaxy is home to at least 17 billion planets similar in size to our planet. It doesn't mean all are potentially habitable, but the sheer number of Earth-size planets is a welcome starting point in the search for worlds like our own. Scientists have yet to find a twin Earth — one that's not only the right size but also located in the so-called Goldilocks zone, a place that's not too hot and not too...
  • Historic weld links Central Corridor, Hiawatha LRT line

    09/06/2012 3:15:48 PM PDT · by TurboZamboni · 10 replies
    KARE 11 ^ | 9-3-12 | KARE11
    "This weld is our own version of the golden spike for the transcontinental railroad as it connects the Twin Cities of St. Paul and Minneapolis," Fuhrmann said. "By connecting Central Corridor Green Line with the Hiawatha Blue Line, we will expand environmentally friendly, affordable transit options for residents of St. Paul, Minneapolis and the region."
  • IRS missing billions in ID theft

    08/02/2012 8:19:31 PM PDT · by TurboZamboni · 23 replies
    AP/pioneer press ^ | 8-2-12 | josh lederman
    WASHINGTON—The Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Department investigators said Thursday. They estimate another $21 billion could make its way to ID thieves' pockets over the next five years. The IRS is detecting far fewer fraudulent tax refund claims than actually occur, according to a government audit that warned the widespread problem could undermine public trust in the U.S. tax system. Although the IRS detected about 940,000 fraudulent returns for last year claiming $6.5 billion in refunds, there were potentially another 1.5...
  • Highest-paying teams in the world

    05/01/2012 3:19:26 PM PDT · by TurboZamboni · 4 replies
    espn ^ | 5-1-12 | jeff gold
    SPANISH SOCCER GIANT FC Barcelona has had a disappointing season, failing to repeat as Champions League winner and facing an all but certain second-place finish in La Liga. But the team's underachieving results are not from a lack of spending. For the second straight year, Barcelona is paying its players the highest average salary in the world at $8.7 million. The findings were revealed in the second annual ESPN The Magazine/SportingIntelligence Global Salary Survey. Full results will be released in conjunction with The Magazine's Money Issue, on sale May 4. The poll encompassed 278 teams, 14 leagues, 10 countries, seven...
  • Report: $6B missing in Iraq may have been stolen (Money Literally Air Lifted by Bush Administration)

    06/14/2011 11:57:30 AM PDT · by SeekAndFind · 16 replies
    CBS News ^ | 06/14/2011 | Tucker Reals
    The man Congress put in charge of auditing the billions of dollars dumped on Iraq after Saddam Hussein was toppled has told the Los Angels Times he can't rule out the possibility that $6.6 billion in cash sent from the U.S. was stolen. Special inspector general for Iraq reconstruction Stuart Bowen told the Times the missing money may represent "the largest theft of funds in national history." It was not, it is crucial to note here, U.S. tax-payer dollars which have gone missing in Iraq. The money came from a special fund set up by the Federal Reserve Bank of...
  • G-8: Nations, banks to give $40B for Arab Spring

    05/27/2011 3:23:24 PM PDT · by La Enchiladita · 18 replies
    AP ^ | May 27, 2011 | Jamey Keaten
    DEAUVILLE, France – Rich countries and international lenders are aiming to provide $40 billion in funding for Arab nations trying to establish true democracies, officials said at a Group of Eight summit Friday. Officials didn't fully detail the sources of the money, or how it would be used, but the thrust was clearly to underpin democracy in Egypt and Tunisia — where huge public uprisings ousted autocratic regimes this year — and put pressure on repressive rulers in Syria and Libya. The overall message from President Barack Obama and the other G-8 leaders meeting in this Normandy resort appeared to...
  • 'Arab Spring,' Christian Winter

    05/21/2011 6:43:44 AM PDT · by KeyLargo · 7 replies · 1+ views
    IBD Editorials 'Arab Spring,' Christian Winter Posted 05/20/2011 06:46 PM ET Islamofascism: Obama wants to reward "democratic Egypt" with $1 billion in debt relief. Only, "democratic" Egypt is torching churches and slaughtering Christians left and right. There's a howling disconnect between the president's Pollyannaish narrative of an 'Arab Spring' and the reality on the ground in beneficiary countries such as Egypt, where religious intolerance and human-rights abuses are on the rise. In his speech calling for a Mideast Marshall Plan, he failed to mention increasingly violent attacks against Coptic Christians throughout post-Mubarak Egypt. For them, the "Arab Spring" has turned...
  • The Federal Government’s Unspent Billions : "Unobligated balances” sit in government accounts

    02/14/2011 7:14:19 AM PST · by SeekAndFind · 15 replies
    National Review ^ | 02/14/2011 | Deroy Murdock
    It’s enough to make a budget hawk lose his feathers. Notwithstanding President Obama’s promise in his State of the Union address to freeze domestic discretionary spending for five years, Vice President Joseph Biden Tuesday proposed $53 billion in high-speed-rail projects — atop $8 billion so previously “invested.” This is every boy’s dream: the ultimate train set. Thank you, Santa! For their part, congressional Republicans struggle to find $100 billion in budget cuts, even though their promise to do so fueled their historical election victories last November. So far, they have proposed just $74 billion in cuts for fiscal year 2011,...
  • Yobama

    11/07/2010 5:14:16 PM PST · by greyfoxx39 · 10 replies
    Times of India ^ | November 8, 2010 | Staff
    Yobama!Team BT, Nov 8, 2010, 12.00am IST God's truth, the city was glad to see him go. 'Coz not since 26/11, has South Mumbai been witness to such drama over security, such isolation of Colaba and Nariman Point, even Fountain, Metro, Mahapalika Marg and CST, all of which President Barack Obama fleetingly visited in his whistlestop trip to Mumbai. The governments central and state may say what they want, but Obama's visit has left a bitter aftertaste in the mouth of the Mumbaikar who is accustomed to sweetness around this time of the year because of the sacrifices the...
  • Sceptical green urges smart BILLIONS to fight warming (Give up the loot or buy Bjoern's book)

    09/05/2010 9:56:17 PM PDT · by Libloather · 15 replies
    Yahoo ^ | 9/05/10 | Slim Allagui
    Sceptical green urges smart billions to fight warmingBy Slim Allagui Posted Sun Sep 5, 2010 2:25pm PDT COPENHAGEN (AFP) - Bjoern Lomborg, the bad boy of the climate debate who has rejected for years "alarmist" prophecies from environmentalists, stresses in a new book the need to invest billions to fight global warming. In "Smart Solutions to Climate Change," Lomborg lashes out at current policies to curb greenhouse gas emissions but also highlights the need to spend 100 billion dollars a year on intelligent research and green technologies. By spending billions in a smart way, the world could essentially resolve the...
  • Republicans Play into Obama’s Hands on Wall Street

    08/31/2010 4:23:43 PM PDT · by unspun · 49 replies
    Gulag Bound ^ | August 31, 2010 | Cliff Kincaid
    Financial expert Zubi Diamond, author of Wizards of Wall Street, says that Republican proposals to fix the economy are deficient because they fail to protect invested capital in the stock market from the hedge fund short sellers. Republican Representatives Paul Ryan and John Boehner, who voted for the $700 billion big bank bailouts that began under President Bush, have put forward much-publicized proposals to solve the economic crisis. But Diamond says he has had no luck in getting Boehner?or other top Republicans?to pay any attention to his detailed and specific plan to save the economy by reinstating the safeguard regulations...

    07/19/2010 2:11:06 AM PDT · by Cindy · 5 replies
    ONE NEWS NOW ^ | July 18, 2010, 4:20 am | by Charlie Butts
    SNIPPET: "The United Nations has created a super agency for feminists, but one female leader thinks it's unnecessary. The U.N. General Assembly recently voted to consolidate four different groups into a single one that could eventually be fueled by a $1 billion a year, and many of those dollars would come from the U.S." SNIPPET: "Many countries where abortion is limited or illegal have been pressured by to legalize it. That is currently being played out in Kenya, where a constitution before voters is pushing for legalized abortion. The United States is pumping money into that campaign as well."
  • US unveils Pakistan aid projects

    07/18/2010 11:31:16 PM PDT · by Cindy · 10 replies
    BBC NEWS ^ | 19 July 2010 Last updated at 02:01 ET | n/a
    PHOTO CAPTION: "Correspondents say the deal is part of Washington's attempts to counter anti-US sentiment in Pakistan" SNIPPET: "US Secretary of State Hillary Clinton has announced aid projects worth $7.5bn (Ł5bn) for Pakistan at the start of talks in the capital Islamabad. The package, agreed by Congress last year, is part of Washington's attempts to counter anti-American sentiment in the country, correspondents say. The five-year deal includes projects for two hydro-electric dams and renewable energy sources."
  • RNC chair pledges big bucks to support Fiorina (RINO Steele praises RINOs Fiorina, Whitman)

    06/29/2010 8:02:16 PM PDT · by rabscuttle385 · 53 replies
    SAN FRANCISCO (KGO) -- The chairman of the Republican National Committee chair Michael Steele pledges big bucks to support Carly Fiorina's senate campaign against Democratic Senator Barbara Boxer. Steele was in San Francisco Thursday morning, talking about California politics and the money it will take to win in November. Show me the money, but of course he wouldn't -- to ABC7 anyway. The question is will he show Fiorina the money? The two are scheduled to sit down together on Friday. Steele told reporters financial help for GOP candidates is coming. "We're going to be in play here, big time...
  • Commentary: Where Does Obama Get the Authority to ‘Inform’ a Private Co. to Surrender Its Money?

    06/15/2010 8:59:29 PM PDT · by Qbert · 95 replies · 1,768+ views
    CNSNews ^ | 6/15/2010 | Terence P. Jeffrey
    ( - In his first-ever address from the Oval Office on Tuesday night, President Barack Obama said he was going to “inform” the chairman of BP that he must surrender the company’s money to an independent party that will distribute it to people and businesses determined to have been harmed by the oil spill in the Gulf of Mexico. The president’s declaration raises a serious constitutional question about his authority: Where does the president get the lawful power to order any private-sector company—BP or any other—that it must surrender its money? Should not courts and normal legal proceedings determine who is responsible, who has...
  • Indian Government Officials Provided Access to Terror Defendant David Headley

    06/11/2010 3:35:06 AM PDT · by Cindy · 10 replies · 313+ views
    US - ^ | June 10, 2010 | n/a
    FOR IMMEDIATE RELEASE Thursday, June 10, 2010 Indian Government Officials Provided Access to Terror Defendant David Headley As part of the cooperation and partnership between the United States and India in the fight against international terrorism, Indian law enforcement officials were provided direct access to interview David Coleman Headley, the Justice Department announced today. Mr. Headley and his counsel agreed to the meetings and Headley answered the Indian investigators’ questions over the course of seven days of interviews. There were no restrictions on the questions posed by Indian investigators. To protect the confidentiality of the investigations being conducted by both...
  •  Billions for 'green jobs,' whatever they are

    06/10/2010 9:46:52 PM PDT · by Nachum · 8 replies · 229+ views
    washington examiner ^ | 6/10/10 | Byron York
    Buried deep inside a federal newsletter on March 16 was something called a "notice of solicitation of comments" from the Bureau of Labor Statistics at the Department of Labor. "BLS is responsible for developing and implementing the collection of new data on green jobs," said the note in the Federal Register, which is widely read by government bureaucrats and almost never seen by the general public. But the notice said there is "no widely accepted standard definition of 'green jobs.'" To help find that definition, the Labor Department asked that readers send in suggestions.
  • The Thinker: Barack Obama explains his job

    05/31/2010 1:18:18 AM PDT · by mojito · 19 replies · 1,109+ views
    Wall Street Journal ^ | 5/28/2010 | James Taranto
    What exactly is the job of the president of the United States? Let's ask the man who currently holds that position, Barack Obama: "My job right now is just to make sure that everybody in the Gulf understands this is what I wake up to in the morning and this is what I go to bed at night thinking about: the spill." Obama's job description is fascinating. He has been depicted as a proponent of "activist government," but this may be a bum rap. Now he tells us he thinks that if he somehow gets people to think about him...

    04/12/2010 3:19:40 AM PDT · by Cindy · 29 replies · 2,773+ views
    CNS ^ | Monday, April 12, 2010 | By Fred Lucas, Staff Writer
    "Health Law Bans New Doctor-Owned Hospitals, Blocks Expansion of Existing Ones" SNIPPET: "The rules fall under Title VI, Section 6001 of the Patient Protection and Affordable Care Act. The provision is titled “Physician Ownership and Other Transparency – Limitations on Medicare Exceptions to the Prohibition on Certain Physician Referral for Hospitals.” More than 60 doctor-owned hospitals across the country that were in the development stage will be canceled, said Molly Sandvig, executive director of Physician Hospitals of America (PHA). “That’s a lot of access to communities that will be denied,” Sandvig told “The existing hospitals are greatly affected. They...
  • Pro-Life Democrats Who Switched Vote for Health Bill Request Billions in Earmarks

    03/30/2010 3:09:37 AM PDT · by Son House · 19 replies · 1,755+ views ^ | March 29, 2010 |
    Since the health care reform push hit its final stretch, numerous sweeteners for lawmakers' districts and states have been found inside the package. Earmark requests are made outside of the health care bill, making them a bit more difficult to link to any vote-trading. But it is precisely that kind of tricky-to-catch deal-making that Republican Sen. Tom Coburn said he and other GOP senators would be monitoring for months to come. "If you think you can cut a deal now and it not come out until after the election, I want to tell you that isn't going to happen," Coburn...
  • Census means billions for Chicago area

    03/09/2010 11:53:54 AM PST · by Nachum · 6 replies · 91+ views
    Chicago Tribune ^ | 3/9/10 | Oscar Avila
    Underscoring arguments for strong participation in this year's census, a new report details the billions of dollars that Illinois and the Chicago region have received in federal funds tied to the previous count. Researchers with the Brookings Institution, a Washington think tank, found that Illinois received $19.1 billion in 2008 in federal funds tied to census counts, about a third of all the federal assistance it received. Of that amount, the Chicago area received at least $12.6 billion, the study found.
  • EPA plans to spend $2.2 billion on Great Lakes

    02/21/2010 5:30:20 AM PST · by Thebaddog · 35 replies · 684+ views
    Chicago Breaking News ^ | 2.20.10 | Jim Tankersley
    <p>The Environmental Protection Agency will spend $2.2 billion over five years on the Great Lakes to clean up polluted water and beaches, restore wetlands and fight invasive species such as Asian carp in a revitalization effort to be detailed Sunday.</p>

    01/27/2010 4:18:21 AM PST · by Cindy · 150 replies · 3,011+ views
    (AP) via CNS NEWS ^ | January 27, 2010 | Julie Pace, AP
    "Obama to Announce $8 Billion High-Speed Rail Plan After State of the Union Speech" Wednesday, January 27, 2010 By Julie Pace, Associated Press SNIPPET: "Washington (AP) - A day after delivering a State of the Union address aimed at showing recession-weary Americans he understands their struggles, President Barack Obama intends to award $8 billion in stimulus funds to develop high-speed rail corridors and sell the program as a jobs creator. Obama and Vice President Joe Biden plan to announce grants for 13 major corridors during a town hall meeting in Tampa, Fla., Thursday..."
  • CA: Whitman lead growing

    11/05/2009 8:12:51 AM PST · by NormsRevenge · 19 replies · 861+ views
    Capitol Weekly/Probolsky Research Poll ^ | 11/5/09 | John Howard and Anthony York
    Former eBay executive Meg Whitman has opened up a wide lead in the Republican race for governor, according to the latest Capitol Weekly/Probolsky Research poll. About a third of Republicans and decline-to-state voters who said they intend to vote Republican said they favor Whitman, who has a 3-to-1 edge over rival contender Tom Campbell, Insurance Commissioner Steve Poizner remains stuck in a distant third, with 5.5 percent of Republican support. The numbers show a significant increase in recent weeks for Whitman that reflects her prodigious spending. Already, seven months before the primary and full year before the general election, Whitman...
  • Focused on Federal Leadership in Environmental, Energy, and Economic Performance

    10/06/2009 1:46:50 PM PDT · by Cindy · 11 replies · 591+ views ^ | October 5, 2009 | n/a
    Note: The following text is a quote: THE BRIEFING ROOM THE WHITE HOUSE Office of the Press Secretary ___________________________________________________________________________ For Immediate Release October 5, 2009 President Obama signs an Executive Order Focused on Federal Leadership in Environmental, Energy, and Economic Performance WASHINGTON, DC – Demonstrating a commitment to lead by example, President Obama signed an Executive Order (attached) today that sets sustainability goals for Federal agencies and focuses on making improvements in their environmental, energy and economic performance. The Executive Order requires Federal agencies to set a 2020 greenhouse gas emissions reduction target within 90 days; increase energy efficiency; reduce...
  • Lost prosperity

    10/22/2009 3:37:57 AM PDT · by Scanian · 2 replies · 378+ views
    The American Thinker ^ | October 22, 2009 | Steve McCann
    Few things cause the eye to glaze over more than economic statistics, particularly when discussing all but incomprehensible sums in the billions and trillions of dollars. There are two statistics which the public should be aware of more than others; they are 1) Gross Domestic Product (total economic output of the country); and 2) The Net Gross Domestic Product per Person (The GDP less the amount of government spending at all levels divided by the total population). The Net GDP per person recognizes the impact of federal, state and local spending on the economy. Ideally the net amount each citizen...
  • Senate OKs Gitmo transfers to U.S.

    10/21/2009 1:50:51 AM PDT · by Grumpybutt · 10 replies · 526+ views
    The Washington Times ^ | 10/21/09 | Stephen Dinan
    After dropping some popular immigration-enforcement measures, Congress on Tuesday passed the 2010 homeland security spending bill that gives President Obama the authority to transfer terrorism-suspect detainees to the United States for trial, though only after he submits a plan to Congress. The Senate voted 79-19 to pass the $44.1 billion bill, following the House's approval last week. Mr. Obama is expected to sign it. "It has been eight years, eight long years since the attacks of 9/11. There are some people in this country who have become complacent about the threat of another attack. Don't count me as one of...
  • US government releases smart grid framework

    09/29/2009 2:59:53 AM PDT · by Cindy · 31 replies · 1,518+ views
    SMART ^ | Saturday, 26 September 2009 16:27 | n/a
    A 90-page document released by the National Institute of Standards and Technology (NIST) released on September 24 proposes 77 standards for smart grid development. The report also detailed 14 areas that the government agency will prioritize in order to facilitate development. Utilities, regulators, and vendors have been waiting for this release from the NIST. The report details specific standards that utilities and developers will be expected to meet in their smart grid deployment. The institute will continue working on cybersecurity standards which should be released by the end of the year. The NIST began working on a set of standards...
  • ...the Pittsburgh Summit hosted by President Obama on September 24th and 25th. [Fact Sheets]

    09/27/2009 6:16:06 PM PDT · by Cindy · 16 replies · 526+ views ^ | September 25, 2009 | n/a
    Note: The following text is a quote: THE BRIEFING ROOM THE WHITE HOUSE Office of the Press Secretary ___________________________________________________________________________ For Immediate Release September 25, 2009 The following fact sheets outline the outcomes of the Pittsburgh Summit hosted by President Obama on September 24th and 25th. FACT SHEETS The Pittsburgh Summit: Key Accomplishments LINK Creating a 21st Century International Economic Architecture LINK Framework for Strong, Sustainable, and Balanced Growth LINK Bold and Coordinated Actions from Crisis to Recovery LINK Partnering on Food Security LINK Acting on our Global Energy and Climate Change Challenges LINK Support for the Most Vulnerable LINK
  • Understanding The Inflation In The Pipeline (by Walter E. Williams)

    09/09/2009 5:55:11 PM PDT · by Kaslin · 15 replies · 938+ views
    IBD Editorials ^ | September 9, 2009 | WALTER E. WILLIAMS
    With the massive increases in federal spending, inflation is one of the risks that await us. To protect us from the political demagoguery that will accompany that inflation, let's now decide what is and what is not inflation. One price or several prices rising is not inflation. Increases in money supply are what constitute inflation, and a general rise in prices is the symptom. As the late Nobel laureate professor Milton Friedman said, "Inflation is always and everywhere a monetary phenomenon, in the sense that it cannot occur without a more rapid increase in the quantity of money than in...
  • Fed's Profit from Crisis Loans Is $14 Billion

    08/31/2009 12:53:14 AM PDT · by CutePuppy · 9 replies · 671+ views
    Reuters via CNBC ^ | August 31, 2009 | Reuters
    The Federal Reserve has made $14 billion in profits on loans made in the last two years, the Financial Times reported on Monday, citing officials close to the matter. The U.S. central bank also earned about $19 billion from interest and fees charged to institutions that tapped liquidity facilities during the global financial crisis, the report said. If the Fed had invested the same amounted loaned out in three-month Treasury bills since August 2007, it would have earned $5 billion in interest, the FT said. .....
  • Feds get $28B in broadband stimulus requests

    08/30/2009 4:59:36 PM PDT · by Cindy · 10 replies · 764+ views ^ | Friday, August 28, 2009, 9:03am PDT | by Patrick Hoge San Francisco Business Times
    SNIPPET: "When including about $10.5 billion in matching funds committed by the applicants, the total price tag for the proposed broadband projects topped $38 billion. The Recovery Act provided a total of $7.2 billion to the two agencies to expand broadband services, of which NTIA will use $4.7 billion, largely to deploy broadband infrastructure in unserved and underserved areas, and RUS will invest $2.5 billion to facilitate broadband deployment in primarily rural communities. Approximately $2.4 billion from RUS and up to $1.6 billion from NTIA is available in this first grant round."
  • Obama's Spending Plans Will Nearly Double the National Debt...

    08/24/2009 3:05:31 AM PDT · by Cindy · 26 replies · 3,406+ views
    CNS ^ | August 24, 2009 | n/a
    "Obama’s Spending Plans Will Nearly Double the National Debt--White House Leaked the News Late on Friday" Monday, August 24, 2009 SNIPPET: "( - In news leaked late Friday to the Reuters news agency, the White House conceded that the national debt will increase by $9 trillion over the next ten years, nearly doubling a national debt that now stands at $11.67 trillion." SNIPPET: "The good news that the White House leaked to Reuters late on Friday is that it is now projecting that this year’s deficit will be $1.58 trillion, down from the $1.84 trillion it earlier estimated. At $1.58...
  • Good news: Obama hikes 10-year deficit projection from $7 trillion to $9 trillion

    08/22/2009 9:24:19 PM PDT · by SeekAndFind · 4 replies · 732+ views
    Hotair ^ | 8/22/2009 | Allahpundit
    A late Friday afternoon candygram from the White House to help you get the weekend started right. And to think, China’s starting to doubt that American debt is a smart investment. It’s a good thing our massive new health-care bureaucracy’s going to be deficit-neutral. Imagine how much higher this number would be if it wasn’t. The Obama administration will raise its 10-year budget deficit projection to roughly $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday. “The new forecasts are based on new data that reflect how severe the economic downturn...